cipHR

APRIL 27, 2021

From the benefits of payroll software to choosing the right software for your organisation, we cover everything you need to know about payroll software. To help reduce admin and increase efficiency, HR teams can turn to HR software , but what can payroll teams do when they also want to reduce admin, costs and improve efficiency?

Payroll Software 93

Payroll Software Software Payroll Overtime 93

cipHR

NOVEMBER 15, 2021

CIPHR asked payroll expert Jon Lee for some pointers. As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. So, why should we? Variable payments.

Pension 98

Pension Gross Pay Payroll Deductible 98

Ascender

OCTOBER 5, 2019

Single Touch Payroll (STP) left the Australian payroll world abuzz in the past year, with how it changed the way business reported their payroll information to the Australian Taxation Office (ATO). Besides the ATO, different government agencies may now request access to the payroll data submitted for use in their own processes.

Payroll 70

Payroll Deductible Deductions Government 70

Bayzat

NOVEMBER 30, 2023

The payroll function of any company is crucial, and the calculation of overtime pay before processing employee payments is an essential aspect of it. In the United Arab Emirates (UAE), there are specific laws and regulations that govern how employers should handle overtime pay for their employees. What Does Overtime Mean?

Overtime 52

Overtime Salary Payroll System Payroll 52

Abel HR

DECEMBER 3, 2020

Jokes aside about the relative futility of the daylight savings time in today’s day and age, there is no one more bothered by the clock change than your payroll folks (except perhaps the parents of toddlers, who fail to observe such time shifts and continue to wake up in the wee hours!)

Payroll 52

Payroll Overtime IT Commissions 52

Qandle

SEPTEMBER 19, 2023

Payroll is an integral part of every business, regardless of its size. Accuracy and efficiency in payroll processing are crucial to ensure employee satisfaction, regulatory compliance, and the overall financial health of your organization. Understanding Payroll Payroll is the process of compensating employees for their work.

Payroll 52

Payroll Deductible Deductions Taxes 52

HR Lineup

MARCH 29, 2024

Bonuses and Commissions: Additional incentives provided to employees based on performance, sales targets, or other predefined criteria. Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate. It provides a comprehensive view of the true cost of labor per hour or per employee.

Salary 130

Salary Retirement Plan Taxes Health Insurance 130

Ascender

JUNE 19, 2020

Many of these events have impacted payroll significantly, requiring organisations to adjust their processes. Let’s take a look at some of these notable events that affected payroll in the last 12 months: Wage Theft and Underpayment. Legislation Impact. New Zealand: Holiday Act of 2003 Remediation.

Payroll 52

Payroll Overtime Government Taxes 52

Ascender

JUNE 19, 2020

Many of these events have impacted payroll significantly, requiring organisations to adjust their processes. Let’s take a look at some of these notable events that affected payroll in the last 12 months: Wage Theft and Underpayment. Legislation Impact. New Zealand: Holiday Act of 2003 Remediation.

Payroll 52

Payroll Overtime Government Taxes 52

Qandle

MAY 24, 2022

Payroll software is among the most important tools for small businesses and startups. Any startup’s monthly ‘top costs’ include payroll. Perhaps you believe COVID-19 has altered the payroll landscape. Yes, the methods for processing payroll and their complexities have evolved. What exactly is payroll?

Payroll Software 59

Payroll Software Payroll Software Payroll Manager 59

Insperity

JUNE 25, 2020

From the employee perspective, pay freezes are usually preferable to reductions in regular wages or interruptions to payroll. The Fair Labor Standards Act (FLSA) sets federal minimum wage and overtime pay requirements for exempt and non-exempt workers. Apply overtime accordingly. Elimination of perks. Other considerations.

Bonuses 115

Bonuses Overtime Salary Commissions 115

Patriot Software

JANUARY 28, 2019

Some types of pay you offer employees can depend on your industry, business, and preference, like commissions. There are also mandatory wages, such as overtime. Overtime wages. If you have nonexempt employees, you must follow overtime laws. Overtime pay is time and a half , or 1.5 Commissions.

Commissions 48

Commissions Overtime Bonuses Taxes 48

Insperity

NOVEMBER 5, 2014

Payroll software. Still running payroll on the manual system your business started with? Moving to an automated payroll system is a crucial first step. Payroll software can streamline the payday process and reduce the time necessary to enter information that is repetitive across all payrolls.

Payroll System 77

Payroll System 401(k) Payroll Software Payroll 77

Ascender

SEPTEMBER 5, 2019

Single Touch Payroll (STP) left the Australian payroll world abuzz in the past year, with how it changed the way business reported their payroll information to the Australian Taxation Office (ATO). Besides the ATO, different government agencies may now request access to the payroll data submitted for use in their own processes.

Payroll 40

Payroll Deductible Deductions Government 40

Proskauer's Employee Benefits & Executive Compensa

MARCH 16, 2023

In the wake of the recent news of bank failures, businesses—and their investors—are rightly concerned about the implications of a missed or delayed payroll. Obligation to Make Payroll Under federal and most state laws, employers have both timing-of-pay and frequency-of-pay obligations. For example, under Section 558.1

Banking 52

Banking Payroll 401(k) Health and Welfare 52

Bayzat

JUNE 2, 2024

Undoubtedly, HR and payroll managers need to familiarize themselves with WPS to improve employee care, avoid defaults, and run the company better. WPS also automates the payroll process. Also, SIF is a compulsory tag-along document for salaries, so you don’t need to fill one out for commissions, gratuities, and bonuses.

Payroll Manager 52

Payroll Manager Payroll Banking Salary 52

Vantage Circle

AUGUST 4, 2021

This approach is considered "simple and easy" to manage because there are no external payroll taxes or complicated calculations to make. Salary Plus Commission. Salary plus commission is a commonly accepted employee compensation plan. Some employees enjoy the idea of a commission-only role and some may not.

Employee Compensation 52

Employee Compensation Commissions Overtime Salary 52

Genesis HR Solutions

FEBRUARY 26, 2019

Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. Payroll Processing Checklist: A Template.

Payroll 40

Payroll PTO Deductible Deductions 40

Employee Benefits

SEPTEMBER 6, 2023

Basic pay method This method involves using the employee’s base salary or wages, inclusive of holiday pay, but excluding additional earnings like overtime or bonuses. Penfold’s workplace pension makes things easy. Help with pensionable earnings is only ever a phone call away with dedicated 1-2-1 account management.

Pension 52

Pension Employment Bonuses Net Pay 52

Higginbotham

MARCH 28, 2024

These workers are usually paid hourly and are eligible for overtime pay and minimum wage protections due to the nature and hours of their work. Wage and Overtime Pay Requirements for Non-Exempt Employees Under the FLSA, non-exempt employees are entitled to a minimum wage of at least $7.25

Family and Medical Leave Act 52

Family and Medical Leave Act Overtime Deductible Deductions 52

Higginbotham

MAY 31, 2024

Requirements for Employees Businesses must comply with FLSA wage and hour laws, including minimum wage and overtime requirements, as well as state requirements for employers. Businesses are responsible for paying employment taxes and collecting payroll taxes for their employees. Some life insurance sales agents. Higginbotham can help.

Life Insurance 52

Life Insurance Taxes Overtime Insurance 52

Insperity

JUNE 16, 2016

And once your company employs more than 100 employees, you’re legally obligated to send workforce data to the Equal Employment Opportunity Commission (EEOC) in an EEO-1 report (although there are a few cases, too, where companies with less than 100 employees must file). Overtime calculation. Payroll tax. Recordkeeping.

Family and Medical Leave Act 59

Family and Medical Leave Act Paid Sick Leave Outsourcing Payroll Payroll 59

Genesis HR Solutions

JULY 3, 2019

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Processing payroll doesn’t have to be complicated or expensive—but if you’re doing it the wrong way, it can be both.

401(k) 40

401(k) Commissions Retirement Plan IT 40

Business Management Daily

JULY 3, 2023

For example, the Equal Employment Opportunity Commission (EEOC) requires that employers must keep personnel records for one year. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more. Why is that? There are many reasons why, including that it’s required by law.

Family and Medical Leave Act 52

Family and Medical Leave Act Medical Banking Taxes 52

Business Management Daily

MARCH 1, 2022

The FLSA establishes federal minimum wage, overtime pay requirements, employer recordkeeping standards, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. How you classify your employees will determine whether they are eligible for overtime. Exempt vs. non-exempt.

Overtime 52

Overtime Employment Salary Engineering 52

cipHR

AUGUST 9, 2023

Overtime hours and overtime costs This is a metric your C-suite is likely to care about because understanding overtime costs is instrumental to understanding routes to growth. For example: if your business takes on a new client that takes an extra 30 hours per week to service, how much would this cost in overtime?

Human Resources 52

Human Resources Software Overtime Management 52

Insperity

NOVEMBER 5, 2014

Payroll software. Still running payroll on the manual system your business started with? Moving to an automated payroll system is a crucial first step. Payroll software can streamline the payday process and reduce the time necessary to enter information that is repetitive across all payrolls.

Payroll System 40

Payroll System 401(k) Payroll Software Pay Raise 40

Insperity

OCTOBER 25, 2012

Laws prohibiting discrimination are enforced by the Equal Employment Opportunity Commission. Furthermore, it helps you cover a few more legal bases by explaining payroll deductions, overtime, the Family and Medical Leave Act, workers’ compensation, COBRA health coverage and more. These include but are not limited to: Age.

Family and Medical Leave Act 41

Family and Medical Leave Act Retirement Plan Overtime Workers’ Compensation 41

Vantage Circle

SEPTEMBER 8, 2021

It helps provide direct compensation for overtime, productivity, and other related activities not directly related to job duties. You can pay compensation in various ways, such as straight salary, salary plus commission, hourly rates, and overtime pay. They ensure the company's compliance with tax law and other regulations.

Salary 52

Salary Health Overtime Employee Compensation 52

Abel HR

OCTOBER 8, 2020

Read on below for our top six tips for avoiding pandemic-related layoffs: Cut hours: One of the easiest, and most effective ways, to trim your payroll budget is to reduce the number of hours for your workers.

Salary 52

Salary Overtime Commissions Bonuses 52